Bob Brody wrote of playing chicken with railroad trains when he was a high schooler and of the thrill of running those risks. Until he and his buds who saw an animal corpse on the tracks, an unfortunate who had neither won nor lost its race with fate, but who had run to a tie.
Brody then went on regarding the need for analysis rather than blind risk-taking.
He’s right, to a point, but only to a point.
You can win, or you can lose, but you’ll die if it’s a draw. And the train won’t chicken out.
Take all the risks you deem useful, hopefully after a risk-reward analysis. Just don’t settle for breakeven.